Service Properties Trust Stock Price, News & Analysis

Service Properties Trust (Nasdaq: SVC) has announced its financial results for Q1 2025. The company, a real estate investment trust, has over $11 billion invested across two main asset categories. SVC's portfolio includes 202 hotels with over 35,000 guest rooms throughout the United States, Puerto Rico, and Canada, as well as 739 service-focused retail net lease properties spanning over 13.1 million square feet across the United States.

The company is managed by The RMR Group (Nasdaq: RMR), a leading U.S. alternative asset management company with approximately $40 billion in assets under management. A conference call to discuss the quarterly results is scheduled for May 7, 2025, at 10:00 a.m. Eastern Time.

Service Properties Trust (Nasdaq: SVC) has declared its regular quarterly cash dividend of $0.01 per share, equivalent to an annual distribution of $0.04 per share. The dividend will be paid to shareholders of record as of April 22, 2025, with the distribution scheduled for May 15, 2025.

Service Properties Trust (SVC) has announced its upcoming first quarter 2025 earnings release and conference call schedule. The company will release Q1 2025 results after Nasdaq's closing on Tuesday, May 6, 2025.

The earnings conference call will be held on Wednesday, May 7, 2025, at 10:00 a.m. Eastern Time. The call will be hosted by President and CEO Christopher Bilotto, CFO and Treasurer Brian Donley, and VP Jesse Abair. Investors can join via phone using (877) 329-3720 for US/Canada or (412) 317-5434 for international calls.

A replay will be available through May 14, 2025, at (877) 344-7529 using pass code 1652345. Additionally, a live audio webcast will be accessible on www.svcreit.com, with an archived version available after the call.

Service Properties Trust (Nasdaq: SVC) has announced key leadership changes effective March 10, 2025. Chris Bilotto has been appointed as Managing Trustee, President and Chief Executive Officer, succeeding John Murray as Managing Trustee and Todd Hargreaves as President and Chief Investment Officer.

Bilotto, currently an Executive Vice President at The RMR Group (Nasdaq: RMR), oversees the acquisition platform, asset management for hotel and senior living properties, and property development across the United States. He joined RMR in 2011 after working in various management roles at General Growth Properties. Bilotto also serves as Managing Trustee, President and CEO of Diversified Healthcare Trust (Nasdaq: DHC).

The company noted that the resignations of Murray and Hargreaves, effective March 9, 2025, were not due to any disputes with SVC or RMR.

Service Properties Trust (SVC) has released its fourth quarter 2024 financial results. The real estate investment trust manages a diverse portfolio valued at over $11 billion, comprising two main asset categories: hotels and service-focused retail net lease properties.

As of December 31, 2024, SVC's portfolio includes 206 hotels with over 35,000 guest rooms across the United States, Puerto Rico, and Canada, along with 742 service-focused retail net lease properties spanning more than 13.2 million square feet throughout the United States. The company is managed by The RMR Group, which oversees over $40 billion in assets and brings 35+ years of commercial real estate expertise.

Service Properties Trust (Nasdaq: SVC) has scheduled its fourth quarter 2024 earnings conference call for Thursday, February 27, 2025, at 10:00 a.m. Eastern Time. The company will release its Q4 2024 results after Nasdaq's closing on Wednesday, February 26, 2025.

The call will be hosted by President and Chief Investment Officer Todd Hargreaves, CFO and Treasurer Brian Donley, and Vice President Jesse Abair. Investors can join via phone at (877) 329-3720 from the US and Canada, or (412) 317-5434 internationally. A replay will be available through March 6, 2025, at (877) 344-7529 using pass code 9827014. Additionally, a live webcast will be accessible on www.svcreit.com.

Service Properties Trust (Nasdaq: SVC) has announced its dividend allocation for 2024. The company will distribute four quarterly dividends: three payments of $0.20 per share scheduled for February 15, May 16, and August 15, and a reduced payment of $0.01 per share on November 14. The total dividend distribution for 2024 will be $0.61 per share, with all distributions classified as Return of Capital for tax purposes.

For tax reporting, shareholders should refer to IRS Form 1099-DIV. The dividend allocation shows zero amounts for Ordinary Income, Section 199A Dividend, Qualified Dividend, Capital Gain, and Unrecaptured Section 1250 Gain categories.

Service Properties Trust (Nasdaq: SVC) has declared its regular quarterly cash dividend of $0.01 per share, equivalent to an annual distribution of $0.04 per share. The dividend will be paid to shareholders of record as of January 27, 2025, with the distribution scheduled for February 20, 2025.

Service Properties Trust (Nasdaq: SVC) has released its financial results for Q3 2024. The real estate investment trust manages a portfolio valued at over $11 billion, consisting of 214 hotels with over 36,000 guest rooms across the United States, Puerto Rico, and Canada, along with 745 service-focused retail net lease properties covering more than 13.3 million square feet throughout the United States. SVC is managed by The RMR Group, which has nearly $41 billion in assets under management as of September 30, 2024.